409 N. Alvord St, Ridgecrest, CA 93555, Ridgecrest, 93555 - 3 bed, 2 bath
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Ridgecrest, CA 93555
Analysis of 409 N. Alvord St, Ridgecrest, CA 93555 reveals a Prime Investment Opportunity with a current list price of $228,000—significantly undercutting the $235,676 Fair Market Value by 3%. This valuation gap indicates a +$7,676 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Ridgecrest Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 409 N. Alvord St Subject | $228,000* List Price | 3 | 2 | 1,328 | $177 | - |
A 329 E Church Avenue Sold | $267,900 | 4 | 2 | 1,264 | $212 | 0.9 mi |
B 328 N Warner Street Sold | $169,000 | 3 | 1 | 1,388 | $122 | 0.1 mi |
C 429 Peg Street Sold | $235,000 | 3 | 2 | 1,572 | $149 | 0.3 mi |
D 225 N Alvord Street Active | $245,000 List Price | 3 | 2 | 1,210 | $202 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property has undergone a significant remodel 3 years ago, with the kitchen and bathrooms featuring modern updates, new flooring, and fresh paint, making it move-in ready. However, the underlying structure dates back to 1954, and while ceiling fans are present, the heating system appears to be a wall heater, and central AC is not explicitly mentioned or visible. The lack of visible kitchen appliances in the 'remodeled' kitchen and the older exterior/windows prevent it from reaching an 'Excellent' score, as not all components are virtually new.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8012, living area = 1328.
The home underwent a significant remodel 3 years ago, including the kitchen and bathrooms, offering modern aesthetics and reducing immediate renovation needs for a new owner.
Explicitly marketed as 'ideal for a first-time home buyer,' suggesting affordability, move-in readiness, and a welcoming entry point into homeownership.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8012, other record lot size in square feet = 7840.
Built in 1954, the home's underlying structure is older, which may imply potential for aging systems (e.g., plumbing, electrical, HVAC) not explicitly covered by the recent cosmetic remodel.
While ceiling fans are mentioned, the description does not specify the presence or condition of a central air conditioning system, which is a critical amenity in Ridgecrest's desert climate.
An easy 3-bedroom 2 bath home in Ridgecrest California. ideal for a first-time home buyer. The home has been remodeled 3 years ago and is waiting for a family. It has a nice and comfortable living room with ceiling fans all around. Kitchen remodeled along with bathrooms. Double car garage attached to the house. This home is ready for a family.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,328 | 1,478.5 | 35% |
| Lot Size | 8,012 | 7,840.9 | 55% |
| Price | $228.0K | $250.0K | 40% |
| Price per sq ft | $172 | $175 | 45% |
| Built year | 1954 | 1976 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 121 | 259 | 5% |
Feb 3, 2026
$228,000
$235,000
-3% Price Drop
Initial Listing
Dec 22, 2025
$235,000
Initial Listing
Feb 8, 2022
$110,000
Public Record
Jun 11, 2009
$45,000
Public Record